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Ordinance 1891-92
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Ordinance 1891-92
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Ordinances
Ordinance Number
1891-92
Date
9/23/1992
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Fourth, to make all payments required to be made into <br /> the Debt Service Account to pay the principal of any Parity <br /> Bonds; <br /> Fifth, to make all payments required to be made into <br /> the 1988 Sinking Fund Account and into any Sinking Fund Account <br /> hereafter created to provide for the payment of the principal of <br /> Term Bonds; <br /> Sixth, to make all payments required to be made into <br /> the 1985 Reserve Account, the 1988 Reserve Account and the 1992 <br /> Reserve Account and into any Reserve Account hereafter created to <br /> secure the payment of the principal of and interest on Parity <br /> Bonds; <br /> Seventh, to make all payments required to be made into <br /> any revenue bond redemption fund, revenue warrant redemption <br /> fund, debt service account, reserve account or sinking fund <br /> account created to pay and secure the payment of the principal of <br /> and interest on any revenue bonds, or revenue warrants or other <br /> revenue obligations of the City having a lien upon the Revenue of <br /> the System junior and inferior to the lien thereon for the <br /> payment of the principal of and interest on the Parity Bonds; <br /> Eighth, to retire by redemption or purchase in the open <br /> market any outstanding water and sewer revenue bonds or revenue <br /> warrants of the City, to make necessary additions, betterments, <br /> improvements and repairs to or extensions and replacements of the <br /> System, or for any other lawful City purposes . <br /> 29 FWW003.DCC avosm <br />
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